Glossary

LPI

Logistics Performance Index

Consignee

The person or entity to whom the shipment is to be delivered to whether by land, sea or air

Customs clearance

The accomplishment of the Customs formalities necessary to allow goods to enter home use, to be exported or to be placed under another Customs procedure

Lead Time

The amount of time between the placing of an order and the receipt of the goods ordered

Multimodal transport

The transportation of goods (whether under a single multimodal transport contract or not), performed with at least two different means of transport

Track and trace

Process determining the current and past locations (and other information) of a unique item or property